Global Pneumatic Tires Market Trends, Size, Competitive Analysis and Forecast - 2019-2025


Posted July 24, 2020 by larebomrglobal

Global Pneumatic Tires Market Size, Share & Trends Analysis Report by Product, by Vehicle Forecast 2019-2025
 
The global pneumatics tires market is expected to showcase a considerable growth rate during the forecast period. Pneumatics tires are popular wheel option applications in industrial vehicles. Pneumatics tires known as wheels along with a metal hub with a rubber tire mounted to it and instead of being solid in nature, the tire is filled with air to the desired pressure level to produce the deflection features and appropriate load. There are many benefits to using these types of wheelsin industrial caster applications. The main characteristics are the ability to absorb the shock load from impacts.

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The various benefits of pneumatics tires that include excellent shock absorption, utilized for on-pavement, improving working conditions by reducing noise and won’t damage the flooring. Therefore, due to such benefits, the growth of pneumatic tires is growing. They offer comfort on all surfaces and thus provides the protection of people, material and good in transporting and lifting tasks. The tire's advantages are good riding properties, effortless handling, and good traction capability. Pneumatic tires are recommended for forklift trucks, industrial tractors, heavy load transport vehicles, and airport vehicles. These tires consist of two construction types such as radial tires and cross-ply tires.

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The popularity of the pneumatics tires is increasing as it witnessing advances over conventional tires that result in affecting the growth of the pneumatic tires market. The industrial and agriculture tires are mainly made heavy tires which are used for agriculture and industrial purpose. These rubber tires have properties of shock-absorbing and ensure smooth locomotion. There are agriculture tires for different vehicles that are used for agriculture purposes that include farm tractor, backhoe, grain carts, pivots, implements, antique tractors, farm wagon, loader, combines, and forklift. The agriculture tires are used for a large variety of services such as municipal machines, snow groomers, terrain vehicles, mowing, and gardening.

Current Market Trends Covered in the Market Report

Shock damping properties of an automotive pneumatics tire improve vehicle comfort.
OEM (Original Equipment Manufacturers) offers better tires that offer better traction control while driving.

Global Pneumatic Tires Market- Segmentation

By Product

• Radial
• Cross-ply

By Vehicle Type

• Two-wheelers
• Four-wheelers
• Aircraft
• Other

Global Pneumatic Tires Market – Segment by Region

North America

• US
• Canada

Europe

• Germany
• UK
• France
• Spain
• Italy
• Rest of Europe

Asia-Pacific

• China
• Japan
• India
• Rest of Asia-Pacific

Rest of the World

• Latin America
• Middle East Africa
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Company Profiles

• Apollo Tyres, Ltd.
• Continental AG
• Dunlop Tires (A Part of the Goodyear family)
• Hankook Tire America Corp.
• Kumho Tire USA., Inc
• Maxam Tire International, Ltd.
• Millennium Tire
• Mitas (A Part of the Trelleborg group)
• Petlas
• Pirelli &C.S.p.A
• Sumitomo Rubber Industries, Ltd.
• The Goodyear Tire and Rubber Co.
• The Michelin Group
• The Yokohama Rubber Co. Ltd.
• TOKAI Solid Tire (Mouldmate Co. Ltd.)
• Trelleborg AB

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Tags Global Pneumatic Tires Market , Automotive and Transportation , Aircraft , Advanced Technology
Last Updated July 24, 2020